The pair Solana/Bitcoin (SOL/BTC) breaks through the descending trendline up.
A bullish movement up to the next resistance at 0.001071800 will continue.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Besides a ‘Three White Soldiers’ candle chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.00109 |
| 2nd High | 0.00108 |
| Next High | 0.001071800 |
| Current Price | 0.001071100 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.001071800 – 0.00108 – 0.00107 – 0.00107 – 0.00107 – 0.00107 —
0.001071800 – 0.001070400 —
57.344849136683 – 48.425208590402 —
0.001071800 – 1777818600 —
– 1777818600
Trading Signals: CRYPTO – SOL – SOL/BTC – BTC – Three White Soldiers – Rising Wedge Chart Pattern – –